Sep 1, 2012 | Agriculture, Industries, News Group
The Jakarta Globe quoted Ambono Januarianto, president director of Bakrie Sumatra Plantations (UNSP) in December 2010 saying the company expected Rp1 trillion of revenues from oleochemical segment in 2011. In nine months of 2011, however, the segment only contributed...
Sep 1, 2012 | Agriculture, Industries, News Group
If you visit arthagraha.net, you will not find any company under Artha Graha Group with interest in palm oil business. You may have noticed the difference with visiting the website few years back. It is not clear whether it has something to do with the ongoing...
Sep 1, 2012 | Industries, Mining, News Group
Indonesia shipped out 312 million tons of coal last year. The data is limited to those reporting their export or whose export were recorded. As of last month, total coal production plan for 2013 submitted to energy and mineral resources ministry has approached 500...
Sep 1, 2012 | Industries, Market, News Group
Avra Commodities Pte Ltd has entered into additional coal supply agreement with Tunas Inti Abadi (TIA), subsidiary of ABM Investama’s unit Reswara Minergi Hartama, bringing the total volume to 18 million tons in five years. What is Avra? Who’s behind? Avra...
Aug 11, 2012 | Agriculture, Industries, News Group
President’s Special Delivery Unit (UKP4) head Kuntoro Mangkusubroto has reminded ministry of agriculture to immediately issue a regulation that caps ownership of oil palm plantation to 100,000 hectares for each group (holding company). How serious? How about...
Aug 10, 2012 | Agriculture, Industries, News Group
The rebound was short-lived. Crude palm oil (CPO) dropped again Monday (October 8) in both futures and physical market. The benchmark December contract down almost 2% to RM2368 per ton, while October contracts settled at RM2225 per ton. January and February 2013...
Aug 10, 2012 | Industries, Mining, News Group
Statements from Garibaldi Boy Thohir, CEO of Adaro Energy (ADRO), about possible higher coal demand from Japan failed to cheer up investors. Adaro lost 1.37%. Still, it is better than Bumi Resources, which lost 4.23%, or Borneo Lumbung (-3.7%). In this report: (1) JAT...
Aug 10, 2012 | Commodities, Industries, News Group
Central Jakarta Commercial Court has approved an application of Suspension of Debt Payment (PKPU) for PT Kartika Selabumi Mining, known as KSM Coal, a coal producer based in East Kalimantan. What’s going on? Something to do with the downfall of coal mining...
Aug 9, 2012 | Industries, News Group
Telecommunication tower operator PT Inti Bangun Sejahtera (IBST) Tbk entered the stock market this week with market cap of Rp1.028 trillion. On Friday, Sept 7, the company’s ‘value’ has soared to Rp4.5 trillion, five times its equity as of March 31,...
Aug 8, 2012 | Agriculture, Industries, News Group
Pressures on crude palm oil (CPO) continue Wednesday (Aug 6) as August contracts slashed RM89 to RM2785 per ton, while September contracts fell RM63 to RM2,821 per ton. Plantation shares, interestingly, ended mixed in narrow range in the region. Price moved in narrow...
